Edmond DE Rothschild Holding S.A. Purchases 27,853 Shares of The TJX Companies, Inc. $TJX

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in The TJX Companies by 13.5%, acquiring 27,853 shares, resulting in a total holding of 234,603 shares valued at $28.58 million.
• Multiple institutions, including Vanguard Group Inc. and Ameriprise Financial Inc., have also expanded their stakes in TJX, reflecting strong institutional interest with 91.09% of the company's stock now owned by institutional investors.
• Recent analyst ratings for TJX reflect a strong bullish outlook, with price targets being raised by Barclays and Citigroup, leading to an average price target of $147.58 and a consensus rating of "Buy".

Edmond DE Rothschild Holding S.A. raised its stake in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 13.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 234,603 shares of the apparel and home fashions retailer's stock after buying an additional 27,853 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in TJX Companies were worth $28,575,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in TJX Companies by 1.1% in the first quarter. Vanguard Group Inc. now owns 100,413,764 shares of the apparel and home fashions retailer's stock valued at $12,230,396,000 after buying an additional 1,099,129 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in TJX Companies by 0.3% in the first quarter. Ameriprise Financial Inc. now owns 13,068,312 shares of the apparel and home fashions retailer's stock valued at $1,591,758,000 after buying an additional 35,800 shares in the last quarter. Royal Bank of Canada grew its stake in shares of TJX Companies by 12.9% during the 4th quarter. Royal Bank of Canada now owns 12,300,919 shares of the apparel and home fashions retailer's stock worth $1,486,074,000 after acquiring an additional 1,403,561 shares in the last quarter. Amundi grew its stake in shares of TJX Companies by 10.2% during the 1st quarter. Amundi now owns 11,888,455 shares of the apparel and home fashions retailer's stock worth $1,489,305,000 after acquiring an additional 1,104,292 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of TJX Companies during the 1st quarter worth approximately $1,330,717,000. Institutional investors own 91.09% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TJX shares. Barclays raised their price target on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Citigroup raised their price target on shares of TJX Companies from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Sanford C. Bernstein raised their price target on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Evercore ISI upped their price objective on TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, August 21st. Finally, TD Securities upped their price objective on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Stock Performance

Shares of NYSE TJX opened at $139.33 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32. The TJX Companies, Inc. has a 12 month low of $111.22 and a 12 month high of $145.58. The stock has a 50 day moving average of $129.19 and a 200-day moving average of $126.15. The company has a market capitalization of $155.65 billion, a P/E ratio of 31.74, a P/E/G ratio of 3.07 and a beta of 0.90.

TJX Companies (NYSE:TJX - Get Free Report) last announced its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, equities research analysts predict that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.425 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. TJX Companies's dividend payout ratio (DPR) is 38.72%.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

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